Flex Space with Fenced
New
For Sale
$500,000
200 S Travis, Amarillo, TX 79106
A loading dock and rolling garage door support shipping and receiving.
Property Size2,928 SF
Price / SF$170.77
Days on Market4
Property Features for 200 S Travis
General Information
Standard status
Active
Size
2,928 SF
Property subtype
Commercial
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Building Details
Year Built
1985
Listing Agency:
West Texas Realty Group
Listed By:
Kory Samples · License #SAMK
(806) 236-4495
Source:
Choosemeraki
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 24 at 2:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of West Texas Realty Group
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Investment Insights
Based on property information with market context.
Built in 1985, this Amarillo flex property combines office space with warehouse area. A loading dock and rolling garage door provide dedicated points for moving goods in and out. The site also includes a fully fenced outdoor yard, with space identified for future expansion.
Key Highlights
- Office and warehouse space in one flex property
- Loading dock and rolling garage door
- Fully fenced outdoor yard for equipment, vehicles, or storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,937
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,740
$458.7K
Cap Rate 7%
$327,671
$327.7K
Cap Rate 9%
$254,856
$254.9K
Market Conditions
NOI Build-Up for 2,928 SF
Gross rent
$28.1K $9.60/SF
− Vacancy
−$1.1K −$0.38/SF
EGI
$27.0K $9.22/SF
− OpEx
−$4.0K −$1.38/SF
NOI
$22.9K $7.83/SF
Area
Amarillo, TX
Vacancy
4.00%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$458,740
Cap Rate 7%
$327,671
Cap Rate 9%
$254,856
Alternative Uses
Best Use
Warehouse
$327.7K
$286.7K – $382.3K
NOI $22,937 @ 7.0% cap · market cap 4.59%
Second Best
Flex RnD
$300.2K
$262.6K – $350.2K
NOI $21,011 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$653.7K
$572.0K – $762.7K
NOI $45,761 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
751
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 79106, TX
27,692
Population
13,385
Households
2.1
Avg Household Size
37
Median Age
24%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
3,220
Density / Sq Mi
$54,407
Median Household Income
$36,061
Median Earnings
$995
Median Rent
$163,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Best Amarillo Catering — 2400 sw 7th ave #251, amarillo, tx 79106
Frequently Asked Questions
What type of property is this?
Flex space - A loading dock and rolling garage door support shipping and receiving.
Where is this flex space located?
The property is located at 200 S Travis Amarillo, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Office and warehouse space in one flex property; Loading dock and rolling garage door; Fully fenced outdoor yard for equipment, vehicles, or storage
